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by noldornoldor 4785 days ago
some older ATMs in pacific using only magnetic stripes (e.g. New Zealand). I am from europe and my bank calls me each time when i use ATM because they have to follow security rules - cash withdrawal in low-level security ATM in exotic location)
1 comments

What? I live in NZ and I've never heard of an ATM that gives you money without a pin.
I think he means magnetic strip + PIN, not just the magnetic strip. Still weaker than chip + PIN.